Min inflation rate in SADC (2013-2022)

-3.5%

Angola (2015)

Max inflation rate in SADC (2013-2022)

605.0%

Zimbabwe (2020)

Namibia Avg inflation (2013-2022)

5.2%

Inflation Insights
Inflation rates varied widely across SADC countries, with some showing three-digit inflation rate figures like Zimbabwe.

[!NOTE]
The bar chart x-axis is transformed to a log-scale due to a wide range of values .

Min interest rate in SADC (2013-2022)

5.2%

Botswana (2021)

Max interest rate in SADC (2013-2022)

132.0%

Zimbabwe (2022)

Namibia Avg Interest Rate (2013-2022)

8.9%

Interest Rate Insights
from the Box plot, it can be seen that Zimbabwe, Madgascar & Malawi interest rates spreads are large compared to other countries.Zimbabwe shows extreme volatility, reflecting its economic instability during the period.

On the line graph, use the drop down to select a specific country.Zimbabwe, Malawi, Madagascar, Mozabique, Angola and Congo have a notable variation in interest rate, compared to other SADC countries.

About these indicators: inflation & interest rates and population

This scatter shows the relationship between inflation and interest rates, with population indicated by the bubbles size

  • Use the dropdown arrow to select country of interest

  • Log scales are used due to large variation between minimum and maximum values in datasets

  • Namibia shows relatively stable inflation compared to regional peers.

  • Zimbabwe has the most extreme values in both inflation and interest rate, but not the biggest nor the smallest population.

  • a conclusion cannot be drawn from the plot to deduce whether the relation between infaltion & interest rate exists or not.

  • Theoretically, when inflation is high, central banks often raise interest rates to make borrowing more expensive to bring inflation down. And when inflation is low or economy is slowing, central banks often lower interest rates to boost economic activity and prevent deflation. 

  • the relationship can be complex due to different monetary policies and economies structure per country, and the impact may not be immediate but may be lagged due to different factors.

Inflation Dataset (Long Format)
country country_code year inflation_rate continent
1 Afghanistan AFG 1961 NaN Asia
212 Afghanistan AFG 1962 NaN Asia
423 Afghanistan AFG 1963 NaN Asia
634 Afghanistan AFG 1964 NaN Asia
845 Afghanistan AFG 1965 NaN Asia
1056 Afghanistan AFG 1966 NaN Asia
1267 Afghanistan AFG 1967 NaN Asia
1478 Afghanistan AFG 1968 NaN Asia
1689 Afghanistan AFG 1969 NaN Asia
1900 Afghanistan AFG 1970 NaN Asia
Interest Rate Dataset (Long Format)
country country_code year interest_rate continent
1 Afghanistan AFG 1960 NaN Asia
149 Afghanistan AFG 1961 NaN Asia
297 Afghanistan AFG 1962 NaN Asia
445 Afghanistan AFG 1963 NaN Asia
593 Afghanistan AFG 1964 NaN Asia
741 Afghanistan AFG 1965 NaN Asia
889 Afghanistan AFG 1966 NaN Asia
1037 Afghanistan AFG 1967 NaN Asia
1185 Afghanistan AFG 1968 NaN Asia
1333 Afghanistan AFG 1969 NaN Asia
Population Dataset (Long Format)
country country_code year population continent
0 Afghanistan AFG 1800 3.28M Asia
197 Afghanistan AFG 1801 3.28M Asia
394 Afghanistan AFG 1802 3.28M Asia
591 Afghanistan AFG 1803 3.28M Asia
788 Afghanistan AFG 1804 3.28M Asia
985 Afghanistan AFG 1805 3.28M Asia
1182 Afghanistan AFG 1806 3.28M Asia
1379 Afghanistan AFG 1807 3.28M Asia
1576 Afghanistan AFG 1808 3.28M Asia
1773 Afghanistan AFG 1809 3.28M Asia
Merged Data (Long Format)
country country_code year inflation_rate continent interest_rate population
0 Afghanistan AFG 1961 NaN Asia NaN 9.21M
1 Afghanistan AFG 1962 NaN Asia NaN 9.4M
2 Afghanistan AFG 1963 NaN Asia NaN 9.6M
3 Afghanistan AFG 1964 NaN Asia NaN 9.81M
4 Afghanistan AFG 1965 NaN Asia NaN 10M
5 Afghanistan AFG 1966 NaN Asia NaN 10.3M
6 Afghanistan AFG 1967 NaN Asia NaN 10.5M
7 Afghanistan AFG 1968 NaN Asia NaN 10.8M
8 Afghanistan AFG 1969 NaN Asia NaN 11M
9 Afghanistan AFG 1970 NaN Asia NaN 11.3M
SADC countries (2013 - 2022) interest rate, inflation rate & population
country country_code year inflation_rate continent interest_rate population
244 Angola AGO 2013 2.84 Africa 15.80 26200000.0
245 Angola AGO 2014 3.56 Africa 16.40 27200000.0
246 Angola AGO 2015 -3.52 Africa 16.90 28200000.0
247 Angola AGO 2016 21.80 Africa 15.80 29200000.0
248 Angola AGO 2017 22.60 Africa 15.80 30200000.0
... ... ... ... ... ... ... ...
9273 Zimbabwe ZWE 2018 3.55 Africa 7.13 15000000.0
9274 Zimbabwe ZWE 2019 225.00 Africa 16.20 15300000.0
9275 Zimbabwe ZWE 2020 605.00 Africa 33.00 15500000.0
9276 Zimbabwe ZWE 2021 113.00 Africa 45.50 15800000.0
9277 Zimbabwe ZWE 2022 267.00 Africa 132.00 16100000.0

160 rows × 7 columns

Definitions

Interest rate is the borrowing cost of money from lenders.

Inflation Rate is the changing of goods/service prices in the economy.

Population is the number of people in a country being impacted on by the change in any of these macroeconomic factors, i.e. inflation and interest rates.